Joe Mansueto

Forbes is out with its annual list of the 400 wealthiest Americans, and it’s largely a year in which the rich got richer.

Forbes said the average net worth of individuals on this year’s list was a record $7.2 billion, and the minimum net worth to claim a place on the list hit an all-time high of $2.1 billion. That meant there were plenty of billionaires who didn’t make the cut.

A new name is at top of the chart, unseating Microsoft founder Bill Gates from his No. 1 ranking after 24 years. Amazon.com founder and CEO Jeff Bezos’ zoomed right past Gates with a net worth of $160 billion. Gates’ net worth: $97 billion.

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Forbes is out with its annual list of the 400 wealthiest Americans, and it’s largely a year in which the rich got richer.
Forbes said the average net worth of individuals on this year’s list was a record $7.2 billion, and the minimum net worth to claim a...

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Topspin
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After all the athletic brilliance, tantalizing drama and viral fan celebration videos the World Cup has gifted us over the last month, the United States’ greatest moment of the tournament awaits in Sunday’s final between France and Croatia.
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Billionaire entrepreneur Joe Mansueto has acquired 49 percent stake in the Chicago Fire, the club announced Wednesday.
Mansueto, chairman of Chicago-based investment firm Morningstar, is the newest investor in the club since Andrew Hauptman, the...

Morningstar Chairman Joe Mansueto has acquired a 49 percent stake in the Fire, the team announced Wednesday.
Owner Andrew Hauptman will continue as club chairman and controlling shareholder with a 51 percent stake.
Financial details of the deal were...

Welcome to Clout Street: Morning Spin, our weekday feature to catch you up with what's going on in government and politics from Chicago to Springfield. Subscribe here.
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Illinois Federation of Teachers President Dan Montgomery says the union has...

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Ken Griffin has done it again.
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An investor group led by former Chicago Ald. Edwin Eisendrath and the Chicago Federation of Labor on Wednesday bought the Chicago Sun-Times, keeping the city's No. 2 paper in business and ending a bid by the Chicago Tribune's owner to acquire its longtime...

Mirror, mirror on the wall, who's the richest of them all? In Illinois, it's still Citadel's Ken Griffin, according to Forbes 31st annual World's Billionaires List.
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Published in Chicago Tribune on March 21, 2017 — Print headline: "Griffin still ranks as richest in state - Forbes' billionaires list includes 16 Illinois residents - among them 5 named Pritzker"

Technology leaders used Chicago Mayor Rahm Emanuel's private email to send complaints, praise and brags in the past several years, documents released late Wednesday showed.
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The University of Chicago will establish a new think tank devoted to researching urban issues, thanks to a $35 million gift by the head of a major investment research firm.
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Entrepreneurs and leaders in financial technology want to knock down walls in 2016.
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Welcome to Clout Street: Morning Spin, our weekday feature to catch you up with what's going on in government and politics from Chicago to Springfield.
Topspin
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